JC Flowers likely to get Saraswat Bank's Rs 228-cr stressed loans, no other bidder
- Posted on February 25, 2025
- By Business News Today
- 5 Views
JC Flowers likely to get Saraswat Bank's Rs 228-cr stressed loans, no other bidder
The 110 accounts the bank had put up for sale in the first week of January include SME accounts and some home loans from individual borrowers. JC Flowers' offer envisages an 84% haircut for the Mumbai-based cooperative bank.
